11,024 Shares of Builders FirstSource, Inc. $BLDR Purchased by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC purchased a new stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,024 shares of the company’s stock, valued at approximately $628,000.

Other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Builders FirstSource during the 2nd quarter worth approximately $700,934,000. Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in shares of Builders FirstSource in the 2nd quarter valued at approximately $134,908,000. Daily Journal Corp acquired a new stake in shares of Builders FirstSource in the 3rd quarter valued at approximately $80,555,000. Bank of America Corp DE bought a new position in shares of Builders FirstSource in the second quarter valued at $83,832,000. Finally, Fort Washington Investment Advisors Inc. OH bought a new position in shares of Builders FirstSource in the third quarter valued at $48,738,000. 95.53% of the stock is currently owned by institutional investors.

Builders FirstSource Stock Performance

BLDR opened at $65.88 on Tuesday. Builders FirstSource, Inc. has a 12-month low of $49.67 and a 12-month high of $131.50. The stock has a market cap of $7.09 billion, a price-to-earnings ratio of 178.06, a PEG ratio of 1.93 and a beta of 1.41. The business has a 50 day moving average of $58.90 and a 200-day moving average of $78.91. The company has a quick ratio of 1.14, a current ratio of 1.85 and a debt-to-equity ratio of 1.13.

Builders FirstSource (NYSE:BLDR) last issued its earnings results on Thursday, October 29th. The company reported $1.51 EPS for the quarter, topping the consensus estimate of $1.06 by $0.45. The company had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $3.75 billion. Builders FirstSource had a return on equity of 10.77% and a net margin of 0.28%. The firm’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.88 EPS. On average, equities research analysts expect that Builders FirstSource, Inc. will post 3.68 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Zacks Research upgraded shares of Builders FirstSource from a “strong sell” rating to a “hold” rating in a report on Friday, October 2nd. DA Davidson set a $68.00 price target on shares of Builders FirstSource in a research note on Friday, July 31st. Stifel Nicolaus lifted their price objective on shares of Builders FirstSource from $55.00 to $58.00 and gave the company a “hold” rating in a research report on Monday, November 2nd. Royal Bank Of Canada decreased their price objective on shares of Builders FirstSource from $62.00 to $56.00 and set a “sector perform” rating for the company in a research report on Friday, October 30th. Finally, Benchmark lowered their price objective on shares of Builders FirstSource from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, July 23rd. Seven investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Builders FirstSource presently has an average rating of “Hold” and an average target price of $75.55.

About Builders FirstSource